Can I retire at age 75 with 565,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $565,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$46,657$46,242$45,836$45,440$45,054$44,546
2 years$23,098$22,667$22,251$21,846$21,454$20,943
3 years$15,245$14,813$14,398$13,997$13,611$13,113
4 years$11,320$10,889$10,478$10,084$9,708$9,226
5 years$8,966$8,537$8,131$7,746$7,380$6,915
6 years$7,396$6,971$6,571$6,194$5,839$5,393
7 years$6,276$5,855$5,461$5,093$4,749$4,321
8 years$5,436$5,018$4,631$4,272$3,940$3,530
9 years$4,783$4,370$3,989$3,639$3,318$2,927
10 years$4,261$3,852$3,477$3,137$2,827$2,454
11 years$3,834$3,429$3,062$2,730$2,431$2,076
12 years$3,479$3,077$2,717$2,394$2,107$1,769
13 years$3,178$2,781$2,427$2,114$1,837$1,516
14 years$2,921$2,528$2,181$1,877$1,611$1,306
15 years$2,698$2,309$1,969$1,674$1,418$1,129
16 years$2,503$2,119$1,785$1,498$1,253$980
17 years$2,331$1,951$1,625$1,346$1,111$853
18 years$2,179$1,803$1,483$1,213$988$744
19 years$2,043$1,671$1,358$1,096$881$651
20 years$1,920$1,553$1,246$993$787$570
21 years$1,810$1,446$1,146$901$704$500
22 years$1,709$1,350$1,056$819$631$439
23 years$1,618$1,263$975$746$566$386
24 years$1,534$1,183$902$681$509$340
25 years$1,457$1,110$835$622$458$300
26 years$1,386$1,044$775$568$413$265
27 years$1,320$982$719$520$372$233
28 years$1,259$925$669$477$336$206
29 years$1,203$873$622$437$303$182
30 years$1,150$824$580$401$274$161
31 years$1,101$779$541$368$248$142
32 years$1,055$737$504$339$224$126
33 years$1,012$698$471$311$203$112
34 years$971$662$440$286$184$99
35 years$933$628$411$264$166$87
36 years$897$596$385$243$151$77
37 years$863$566$360$224$137$69
38 years$831$538$337$206$124$61
39 years$801$511$316$190$112$54
40 years$772$487$296$175$102$48
41 years$745$463$278$162$92$42
42 years$719$441$261$149$84$38
43 years$695$420$244$138$76$33
44 years$671$401$229$127$69$30
45 years$649$382$215$118$63$26
46 years$628$364$202$109$57$23
47 years$607$348$190$100$52$21
48 years$588$332$179$93$47$18
49 years$569$317$168$86$43$16
50 years$552$303$158$79$39$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $565,000, adding $5,129 every year, while hoping to spend $40,874 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 75/9/16 Blend
74$565,000$565,000$565,000$565,000
75$627,921$597,976$589,218$672,408
76$648,479$583,787$565,467$688,341
77$669,764$567,533$539,551$700,231
78$691,807$549,069$511,353$712,166
79$714,642$528,243$480,753$724,138
80$738,301$504,894$447,625$736,140
81$762,824$478,849$411,836$748,164
82$788,247$449,928$373,248$760,204
83$814,614$417,940$331,717$772,251
84$841,968$382,683$287,093$784,298
85$870,357$343,942$239,219$796,339
86$899,830$301,492$187,930$808,366
87$930,442$255,094$133,054$820,372
88$962,248$204,496$74,413$832,353
89$995,312$149,430$11,820$844,303
90$1,029,698$89,616$0$856,216
91$1,065,476$24,757$0$877,477
92$1,102,723$0$0$901,459
93$1,141,519$0$0$930,681
94$1,181,950$0$0$963,695
95$1,224,112$0$0$998,127
96$1,268,105$0$0$1,034,058
97$1,314,037$0$0$1,071,579
98$1,362,027$0$0$1,110,787
99$1,412,202$0$0$1,151,787
100$1,464,699$0$0$1,194,690